South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom

US tariffs may cost chip equipment makers more than $1 billion, industry estimates

Each of the three largest U.S. chip equipment makers — Applied Materials, Lam Research and KLA — may suffer a loss of roughly $350 million over a year related to the tariffs, the sources said.

Tariffs fallout: The US will struggle to take on Asia over chips

America is trying to create a chip industry through isolation and protectionism, when what allowed it to emerge in Asia is the opposite: collaboration

South Korea to boost support of semiconductor industry in the face of Trump's tariffs

South Korea on Tuesday said it will expand its financial support package for its crucial semiconductor industry to about $23 billion in part of efforts to address uncertainties posed by the Trump administration’s tariff hikes.

South Korea to infuse $5 bn into its chip industry amid ‘growing uncertainty’ over Trump tariffs

South Korea is a major exporter to the United States and its powerhouse chip and auto industries would suffer a hefty hit from President Donald Trump's threatened 25 percent levies

South Korea boosts chips support to US$23 billion ahead of more Trump tariffs

South Korea shipped US$10.7 billion in chips to the US last year. Trump is expected to announce tariffs on semiconductor imports this week.

South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom

The 33 billion won figure was about a quarter more than the 26 trillion committed last year.